Nicolas Cage’s six-bedroom house, which he had purchased for $8.5 million in 2006, has been sold for $4.95 million because of his tax issues.
Cage, who still has millions of unpaid taxes which he needs to settle with the U.S. government, has relieved himself of a lot of his property, which includes his Bel Air mansion in Los Angeles. The mansion, which cost $35 million, was sold off for a fraction of its price. He also sold off two New Orleans, Louisiana houses, his Bavarian castle in Germany and a house in Bath, England.
-Real Bollywood